The Department of Finance (DOF) has projected that the average yearly income of Filipinos is on track to almost double in the next six years to around P378,000, propelled by the expanding middle class. Currently, Finance Secretary Ralph G. Recto revealed that the average income per person in the Philippines …
Read More »BSP: Monetary Board functioned as ‘normal’ amid ‘ghost employees’ issue
This photo shows a picture of the Bangko Sentral ng Pilipinas./Photo from BusinessWorld MANILA, Philippines — The Bangko Sentral ng Pilipinas said that its Monetary Board (MB) has not affected its operations amid reported “ghost employees,” which allegedly involved two members of MB. In a press release on Tuesday, the …
Read More »UN chief condemns Israel’s actions against displaced Palestinians
DEADLY ATTACKS. A relative of Palestinians, killed in Israeli attacks on Rafah, mourn as the bodies are brought to Tel Al-Sultan health centre in Rafah, Gaza on Monday (May 27, 2024). UN Secretary-General Antonio Guterres denounced Israel’s deadly airstrike on a camp being used by displaced people in the southern …
Read More »Israel’s deadly attack on tent camp confirms ‘there is no safety’ in Gaza, survivors say
Families who survived a deadly Israeli airstrike on a tent camp in southern Gaza described a horrific scene of scorched tents and burning bodies on Sunday. ‘No matter where we go, we will die here,’ Palestinian woman says. International outcry after Israeli airstrike kills dozens in Rafah An Israeli airstrike …
Read More »Papua New Guinea orders thousands to evacuate from path of landslide
Thousands of residents were ordered to evacuate from the path of a still-active landslide in Papua New Guinea by the government on Tuesday, after parts of a mountain collapsed, burying an initial estimate of more than 2,000 people. Military has set up checkpoints and is helping move residents to evacuation …
Read More »Canada purchasing 16 new fighter jets out of current budget, minister says
The first 16 of the air force’s new F-35 fighters will be paid for out of the current federal budget, even though Canada isn’t expected to take delivery of the warplanes until 2026. Defence Minister Bill Blair pointed to the investment on Monday while defending the Liberal government’s military spending …
Read More »Court greenlights shareholder class-action lawsuit against Bombardier
A Quebec judge is authorizing a class action from shareholders against Bombardier Inc. over claims that the plane maker presented a false picture of its financial situation in 2018, a turbulent year that saw its share price tank. Shareholders say former Bombardier execs didn’t make timely disclosures. A Quebec judge …
Read More »Got thoughts on flying in Canada? The Competition Bureau wants to hear from you
The federal Competition Bureau says it’s going to look the domestic air travel industry in Canada, and it’s looking for input from Canadians as it prepares for a study of that market over the coming months. Having only 2 major airlines and flight prices are key concerns for federal agency. …
Read More »Marcos signs ‘Eddie Garcia’ law to protect movie, TV workers
Actor Eddie Garcia poses with his Best Actor award at the 7th Asian Film Awards in Hong Kong in this March 18, 2013 photo./AFP MANILA, Philippines — President Ferdinand Marcos Jr. has signed into law a measure aimed at safeguarding the rights and welfare of entertainment industry workers by compelling …
Read More »Boston Celtics reach 2024 NBA Final after ousting Indiana Pacers 4-0
ANKARA – The Boston Celtics reached the 2024 NBA Final after eliminating the Indiana Pacers 4-0 in the Eastern Conference finals. The Celtics beat the Pacers 105-102 to get their fourth win in the series on Tuesday. Jaylen Brown and Jayson Tatum rallied their team to vital victory at Gainbridge Fieldhouse, …
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